CNH Takes Part in First Ever US-Turkmenistan Business Exhibition

LUGANO, Switzerland, 7 June 2011 — CNH Global, a world leader in the agricultural and construction equipment business, recently participated in a Business Mission to Ashgabat, Turkmenistan on May 19th and 20th, to further strengthen its long-standing trade relationship with Turkmenistan.

The event, the second of its kind, was hosted by the US-Turkmenistan Business Council (USTBC), a non-profit organization set up to promote and develop US-Turkmenistan trade and investment relationships. CNH, a founding member of the Council, has also served as the Chair since July 2010.

The Business Mission was held in conjunction with the first ever US Business Exhibition, organized jointly by the US Embassy in Turkmenistan and the Turkmen Chamber of Commerce.

A wide range of machinery from CNH’s brands was on display at the exhibition, including the renowned Case IH Magnum 255, Cotton Express® 420 cotton picker and Early Riser 1200 planter, together with an array of hay and forage equipment, including the New Holland FP 230 forage harvester and the BC5060 square baler.

CNH presented its products and services alongside more than 50 high-ranking US companies, who were also invited to formally introduce their organizations to the USTBC, and other distinguished guests, including the Turkmen Vice Premier Myratgeldi Akmamedov, the Minister of Foreign Affairs Rashid Meredov and the newly-appointed US Ambassador to Turkmenistan Robert Patterson.

Attending the mission and exhibition on behalf of CNH was Mario Gasparri, General Manager of CNH International, Joseph Samora, CNH Senior Vice President and Chairman of the USTBC, and Stuart Campbell, CNH International Business Director, Central Asian countries.

Speaking at the Business Forum on behalf of CNH, Mario Gasparri addressed the guests by first thanking his Excellency Gurbanguly Berdimuhamedov, President of Turkmenistan, for his support of this event and of the long-term cooperation and fruitful partnership in the agribusiness sector which has been built over the years between CNH and Turkmenistan.

Addressing the audience he said, “At Case New Holland we have a very strong relationship which has grown and flourished with Turkmenistan from 1994. Since that time we have worked closely with Turkmenistan and to date we have delivered 3,000 flagship products. With over 17 years operating in the Turkmenistan market we have built up a strong parts and service operation capable of supporting any agricultural requirement. All our staff are trained in the latest technologies and are equipped to provide intervention support and training.”

Gasparri reaffirmed the Company’s continuous dedication to supporting Turkmenistan build and develop its agriculture, by supplying the right products, qualified personnel, after sales assistance and training. CNH is supporting after sales and training initiatives throughout the country, from supplying maintenance services and highly skilled personal to becoming a sponsor of the agricultural institute in Dashougz, which opened last year to around 120 students.

In line with the Company’s plans to strengthen its services in Turkmenistan, Gasparri announced the opening of a new representative office in Ashgabat, which will enable CNH to be closer to its customers together with supporting local agricultural needs and contributing to the agribusiness sector. The new facility was officially opened on May 18th in the presence of Merdan Bayramov, Turkmen Minister of Agriculture, Rustam Saparov, Deputy Chairman of Turkmenobakhyzmat (Turkmen Association of Machinery), Robert Patterson, US Ambassador to Turkmenistan, and CNH top management.